Worried about rising oil prices?

Are you concerned about the price of oil?

Worried about rising oil prices?Corbis

Liked this question? Tell your friends about it

7 Answers

Order by
Oldest to Newest
Newest to Oldest
Votes

Yes, I am very very worried, knowing the inverse effect it has on the world economy.

Love is the battery of life....

Each time oil prices rise, inflation does rise and value of currency declines further. Rising oil prices mostly remain primary concerns for all the major corporations and organizations.

<a href="" rel="nofollow" cl="http://www.bayut.com" class="comlink">Dubai Property</a> industry is the most diverse real estate industry in the world. <a href="" rel="nofollow" cl="http://www.bayut.com" class="comlink">Dubai real estate</a> is developing at a rapid pace in Middle East.

Increase in the price of oil is really disturbing the world, even we have seen few of wars on it too.

<a href="" rel="nofollow" cl="http://www.wholesalepages.co.uk" class="comlink"> UK - Wholesale - Suppliers - Directory </a>

Increase in the price of oil is really effecting the economics of many countries and creating many problems for the daily life of citizens.

<a href="" rel="nofollow" cl="http://www.wholesalepages.co.uk" class="comlink"> UK - Wholesale - Suppliers - Directory </a>

Yes, since the global economy always depend on the international oil market. .

<a href="" rel="nofollow" cl="http://www.bestchanceautoloan.com/" class="comlink">Used Car Loan Rates</a> | <a href="" rel="nofollow" cl="http://www.bestchanceautoloan.com/" class="comlink">Car Loans for People with Bad Credit</a>

Yup, increase in oil will really affect lot's of consumer. There is the issue of the transportation of goods to consider. Higher fuel prices ultimately get passed on to the consumer, meaning everything we buy will cost more, adding to our already strained pocketbooks that are hurting because we spent over $35 to put gas in a Honda Accord (ouch!). The smart thing to do would be to shift a large portion of our transported goods from truck to rail. Anyone who?s taken college physics (and I sincerely hope that at an engineering school everyone has, regardless of major) can tell you that a single train will use less fuel than dozens of trucks hauling the same cargo. 

<a href="" rel="nofollow" cl="http://www.seattleshortsaleblog.com" class="comlink">What is a Short Sale</a> + <a href="" rel="nofollow" cl="http://www.seattleshortsaleblog.com" class="comlink">Short Sales Seattle</a>

Drill baby drill

I don't wish to be argumentative ,but I disagree with the Islamic belief that I should be killed! " If radical atheists decided they needed to kill believers to ensure their place in nothingness, I'd be criticizing that too."

Be The First To Answer

Other people asked questions on various topics, and are still waiting for answer. Would be great if you can take a sec and answer them

More Questions

If you were a member of Congress what legislation would you suggest to

The immediate construction of new nuclear power plants, and the opening of land and seas for oil exploitation. Redefine the rules for refineries to allow them to operate more efficiently and expand. Our high oil prices are largely the result of the devaluing of our currency on the international ...

Price of gasoline when a barrel of oil cost $88.00?

Oil prices fell to just below $88/bbl last Monday, Oct 6. The national average for gasoline was just over $3.50/ gal. The last time oil was down around $88/bbl was early Feb 2008, when gasoline prices nationally average about $3.00/gal. The reason that gasoline prices do not march up and down in ...

What is the real reason that causes gas prices to rise?

There are several reasons. One, inflation or the falling value of the dollar. Two, speculators are buying oil futures and this causes a price rise. Three, lack of refinery capacity and the change in formulation mandated by the government. I'm sure there more reasons, but these are the biggest ...

How do I get an oil job in north dakota?

It's all the Frozen North. Bubba, Southern by birth an' choice.